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AMZ3

LSE
10.19000 USD
0.0975
0.97%
Last update Jul 15, 4:21 PM BST
Main market
Day range
10.020000
10.25
Previous close
10.092500
Open
10.14500
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Leverage Shares Plc 3x Amazon ETP
10.19
0.10
0.97%

Overview

Description

Leverage Shares Plc 3x Amazon ETP is an exchange-traded product designed to provide investors with a leveraged exposure to the price performance of Amazon stock. The primary function of this ETP is to amplify the returns of Amazon by using financial derivatives and debt, offering three times the daily performance of the underlying asset. This makes it an attractive asset for investors looking to gain enhanced exposure to one of the world's largest e-commerce and technology companies without directly buying the stock. Notable features include its structured approach to investment, which involves daily rebalancing to maintain the 3x leverage factor. This ETP touches various sectors by proxy through Amazon's vast operations, including cloud computing, digital streaming, artificial intelligence, and logistics. In the market context, Leverage Shares Plc 3x Amazon ETP represents a sophisticated financial tool for short-term trading strategies, offering potential high rewards while carrying higher risks. It provides investors an opportunity to leverage Amazon's market movements, reflecting both the dynamic nature of leveraged products and the significant influence of Amazon in the global economic landscape.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
United Kingdom
MIC code
XLON
Main market

Exchange is currently active.
Closing in 5 hours 16 minutes

11:13
00:00
08:00
16:30
23:59

Trading Hours (Monday - Friday):

Pre-market
07:15 - 08:00
Main market
08:00 - 16:30
Post-market
16:30 - 17:15
All times are displayed in the Europe/London timezone (BST, UTC+01:00).